Zhao Ye's company has always been a hot topic.
As 2003 passed, the popularity of "The Martian" gradually declined.
But something new is about to attract public attention...
...
January 21, 2004, 10:34 AM.
Wujiang Building.
Zhao Ye was still browsing documents in his office. As the company became more and more diversified, his workload also increased. Although there were professional managers to help manage the company, he couldn't just ignore it. Many bosses were ruined by professional managers.
Ring ring!
Just then, the cell phone on the desk rang.
When Zhao Ye looked at the caller ID, he saw that it was Professor Liu Wu'ai, the director of the High-Speed Rail R&D Center.
"Hello, Professor Liu! Is there any new progress on the high-speed rail project?" Zhao Ye pressed the call button and asked.
On the other end of the phone, a middle-aged man in his forties, barely suppressing his excitement, replied in a deep voice, "Yes, Mr. Zhao, the high-speed rail project has made substantial progress. In the field tests, the high-speed rail reached a speed of 350 kilometers per hour!!!"
Upon hearing this, Zhao Ye was overjoyed.
"Great! This means we can immediately begin large-scale high-speed rail construction across the country!!!"
“That’s right, the railway bureau leaders are already discussing this matter, and they should be sending someone to contact you soon,” Professor Liu Wu’ai nodded.
The high-speed rail technology is a project jointly developed by Tiangong Technology Co., Ltd., a subsidiary of Wujiang Group, and the National Railway Administration.
Once large-scale high-speed rail construction begins in China, they will definitely contact Wujiang Group to invest in and build factories, providing a complete set of products and services.
The following afternoon, Zhao Ye, along with Zhou Huicheng, CEO of Tiangong Technology, and others, traveled to the capital to discuss the establishment of a high-speed rail factory.
...
The railway bureau's meeting room.
Zhou Huicheng presented the railway bureau leaders with a PowerPoint presentation outlining the plans for the high-speed rail factory.
"Distinguished leaders, our Tiangong Technology Company plans to build four large-scale high-speed rail production bases in Beijing, Chongqing, Shanghai, and Guangzhou, with a total investment of no less than 50 billion RMB! After the high-speed rail production bases are completed, they will not only meet the domestic demand for high-speed rail, but we also plan to export them overseas to increase revenue!"
The research and development costs of high-speed rail are very high. Without earning some profits from overseas, it would probably take a long time to recoup the costs.
Although China will soon be carrying out large-scale high-speed rail construction, the procurement price is very cheap, following the strategy of low profit and high volume. After all, the railway bureau also contributed to the research and development of high-speed rail.
Upon hearing this, the leaders nodded in approval, expressing their satisfaction. The four large high-speed rail production bases, covering the entire country, were fully capable of meeting the needs of the railway bureau.
Zhao Ye then asked, "Leaders of the railway bureaus, has the high-speed rail route been finalized? What I mean is, I hope the country can take bigger steps. Galaxy Bank and Standard Chartered Bank are willing to provide low-interest loans to the railway bureaus for the construction of the high-speed rail network!"
High-speed rail lines are extremely important; areas along their routes inevitably experience faster economic development. The competition is fierce, with many cities vying for control. Zhao Ye, however, is unconcerned with these overt and covert struggles; his only concern is how to achieve large-scale high-speed rail construction.
Although the country is now wealthy, it doesn't mean that it can suddenly come up with a lot of money to build high-speed rail. Therefore, Zhao Ye decided to have his Galaxy Bank and Standard Chartered Bank provide loans to the railway bureau.
The cost of building one kilometer of high-speed rail is extremely high, with construction costs amounting to at least a small amount.
For the railway bureau, the more it builds, the more it loses. However, after the high-speed rail is completed, people's travel becomes more convenient, and the surrounding areas develop economically. So, all things considered, it is not actually a loss.
Banks can also obtain long-term, stable returns by lending to railway bureaus.
In addition, the high-speed rail production base can sell more products.
So, a portion of the money lent out by the banks was earned back by the high-speed rail production base.
"Chairman Zhao, are you really going to lend money to the railway bureau?" The railway bureau leader was taken aback, but then felt a great sense of joy.
Zhao Ye smiled and nodded: "Galaxy Bank and Standard Chartered Bank can lend a total of one trillion RMB to the railway bureau at an annual interest rate of only 3%, which can be repaid in 20 years after the high-speed rail opens!"
One trillion RMB is not one trillion USD, and it is not much compared to the funds currently held by Galaxy Bank and Standard Chartered Bank.
Zhao Ye's companies and many partners have placed their funds in Galaxy Bank and Standard Chartered Bank, managing a total of over 12 trillion US dollars!
Especially since last year, Zhao Ye's companies have been going public one after another, raising more money than he could ever spend, and his savings amount is simply astonishing.
One trillion RMB is a lot, but it's not a big burden for Zhao Ye.
Moreover, lending this money to the railway bureau would at least provide a stable source of income.
The nation's credit is far greater than one trillion RMB; surely it wouldn't allow the railway bureau to go bankrupt?
At this moment, the leaders of the railway bureau were very tempted.
However, they dared not agree to such a major matter without the consent of the highest levels of the government.
"Chairman Zhao, I'll report this loan matter to my superiors later and see what their decision is!" said a senior railway official at the head of the group.
"Okay, no problem."
Zhao Ye smiled and said, "I also hope that high-speed rail can be popularized as soon as possible, so that I can contribute my little bit to the country's development."
The meeting ended quickly, and the railway bureau leaders were eager to report the loan issue to their superiors.
The railway bureau had a limited budget and originally planned to build only three high-speed railway lines:
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